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Dynamic Take Profit

you are in a trade making profit... should you take profit now or wait...?

This easy to use Dynamic Take Profit Indicator helps you to decide when to get out of a winning trade.

Or you can supervise or overrule any EA when to close an open order when manual trading, or read out the buffers[1][2]to integrate in an Expert!

As soon as the price crosses the yellow line, price direction should reverse soon and orders should be closed.
The band is dynamic and changing with every new candle as it is based on polynomial regression, so it has to be repainting by design (the screenshots are static, curvature has already changed)

 Please have a look at my HEISHI Expert Advisor    https://www.mql5.com/en/market/product/55794

Thanks for a good rating or comment if you find Dynamic Take Profit useful. Just try it!


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Version 1.4 2020.10.07
Code cleaned up
Version 1.3 2020.10.05
Incicator Name harmonized with file name DynamicTakeProfit.ex4
Version 1.2 2020.10.05
small internal fix
Version 1.1 2020.10.05
Bug fixed, Indi was sometimes invisible